Purchase Solution

Apply the basic competencies of the project manager in understanding and planning for risk, Communicate risk effectively to all project stakeholders

Not what you're looking for?

Ask Custom Question

Scenario:

You work for a major defense contractor. Your company prepared and submitted a bid for a recent Department of Defense RFP, entitled Automated Mobile Defense System (AMDS). You have been assigned to lead Project X, which will design, develop, test, demonstrate and deploy 10 AMDS units to a location to be determined by the DoD assuming a successful demonstration. This project is expected to take at least 5 years to complete at a cost of $1.5 billion. If you are successful and deliver a quality product on time and within budget, the DoD will order 150 more AMDS units at a price of $10 million per unit. The goal of Project X is to develop a defense system to protect major and strategic cities within the US in the event of a missile attack from a hostile nation. It is to be a redundant system; the last in a series of defensive weapons to be used only in the event that all other defensive systems have failed; when enemy ABMs are approaching the US and only AMDS is left to take them down.

The conceptual design for the AMDS that your company submitted in response to the RFP consists of a mobile housing unit (MHU) containing 20 anti-ballistic missiles (ABMs) based on a radically new design; an anti-missile control computer (AMCC) used to automatically target and deploy the ABMs; and a retrofitted detection device (code name: SKYEYE) built on proven, patented radar technology which your company owns. All of these devices: the ABMs, the AMCC and SKYEYE will be completely housed in the MHU, which is planned to be an enhanced18-wheel tractor-trailer. A self-contained power source (for the ABMs) and solar charged batteries for the AMCC and SKYEYE make the entire AMDS portable and completely automatic (no personnel are required to operate any of the systems). However, military personnel on a regular basis will perform routine system monitoring and maintenance, preferably from a remote site. On-site maintenance should only be needed on rare occasions expected to arise from unforeseen events such as earthquake, tornados, ice storms, etc. Should it become necessary, military personnel will move the AMDS to a location known only to them. While it was not included in the design accepted by the DoD, your company would like to be able to provide additional capability with the system: they would like the AMDS to be able to operate while it is being moved.

You are the project manager and oversee the efforts of over a dozen nuclear scientists, engineers, and technology professionals. Many of them are acquainted with the rudiments of project management, but very few know much about project risk management. You'll need to do some education along with managing schedule, budget and scope.

Who are the project stakeholders? Keep in mind that you work for a publicly-owned company and the customer is the Department of Defense.

Purchase this Solution
Solution Summary

Six variables mentioned in a discussion of about 400 words. Two references.

Solution Preview

Project stakeholders are those parties who are interested in the project. They make up the environment of an organization. They include all the stakeholders; within their "family" of employees, customers (Here its defence), vendors of equipment, with communities, governments, lenders, investors, and the media. Stakeholders want organizations to pursue goals that are important to them but not necessarily to the organization--such as jobs for workers, safe products, less pollution, and a safe community. Thus they attempt to influence the missions and goals of these organizations.
Some of the variables to be considered by the Project manager are:
1. Environment
2. Community relations
3. Employee relations
4. Share holders
3. Customer relations (Department of Defence)
4. Non U.S. stakeholders
5. Minorities and Women
6. Bankers

Thus our Project will consider various stakeholders and will tailor the solutions accordingly.
Our Project planning will also take care of the needs of the other stake holders.
Employee satisfaction is an important area. More than any other single ...

Purchase this Solution
Free BrainMass Quizzes
Basics of corporate finance

These questions will test you on your knowledge of finance.

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

View More Free Quizzes
Related BrainMass Solutions

  • Risk Template

    Employ the techniques for monitoring and controlling risks Apply the basic competencies of the project manager in understanding and planning for risk I am EXTREMELY confused with this task.

  • Risk Management Template in Excel

    Employ the techniques for monitoring and controlling risks Apply the basic competencies of the project manager in understanding and planning for risk * List 8 - 10 threats and 8 - 10 opportunities (the 4 - 6 threats and 4 - 6 opportunities from

  • Stakeholders and Change

    The project manager is responsible for leading the project planning stage and within this stage and it is vital for the project manager to relay the importance of properly assessing the needs of the project, the time required to complete the project,

  • Project Management Process Groups

    It is essential for them to understanding the importance of this project plan and to be familiar with it. In the second step, management should give role and responsibility to stakeholders with review of all documents.

  • Dimensions of Good Project Management

    The project manager is responsible for ensuring that all of these various styles and attitudes are capable of effectively working together through effective communication that will allow the project to successfully be completed on time.

  • Risk Template for a project

    Employ the techniques for monitoring and controlling risks Apply the basic competencies of the project manager in understanding and planning for risk I have compiled a risk template however would like to integrate the information which was provided

  • Project Plan Outline and Work Breakdown Structure

    Generally, project manager prepares the progress report on a weekly basis and distribute to all stakeholders of the project.

  • Lectocomp Electronics Manufacturing Company

    My experience in manufacturing and medical products and ability to handle large projects will be apparent in my initial work in the project, which will surely address the concern of all project stakeholders.

  • Risk Management at Department of Defense

    Communicate risk effectively to all project stakeholders I am looking for assistance with this task on selling the concept or value of risk management but linking it to the business objectives.

View More Related Solutions